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$445,131

NAL Estimated Property Value

8408 Gateway Dr, Plano, TX, 75025

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,652 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.97 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3174-00E-0030-1
Lot Number3
SubdivisionCourtyards At Russell Creek Phase 1 (Cpl
Land UseResidential
Legal DescriptionCOURTYARDS AT RUSSELL CREEK PHASE 1 (CPL), BLK E, LOT 3
Census Tract031679
Assessed Land Value$120,000
Assessed Improvement Value$325,131
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED - PLEASE SUBMIT BEST AND FINAL OFFERS BY NOON ON FRIDAY MARCH 3RD. Prime location of West Plano! Come check out this adorable open concept, 3 bedroom 2 full bath split floor plan home. Cozy living room with hardwood floors and gas burning fireplace. Skylighted main living room is light and bright with high ceilings giving a roomy feel to the space. Eat-in kitchen features a breakfast bar, pantry, built in microwave and ample cabinet space. Primary ensuite bathroom has separate shower and garden tub, double sinks and walk in closet. Attached two car garage with alley access. Peaceful neighborhood less than a block from major walking trails, 3 blocks from schools all in the heart of Plano. Main living area provides access to covered patio and small fenced backyard. East access to 121, DNT and 75. Close proximity to Legacy West, library and Plano recreation center.

Investor Tools

Property Icon
$445,131
Estimated Property Value
$306,817Estimated Mortgage Balance
$138,314Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,671 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$649/month
$85/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,558
$445,131
2025
$120,000
$325,131
$445,131
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,558
$445,131

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$325,800
No
First
Mar 20, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,817
$138,314
31%
69%
$1,954/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,480/mo
$2,039/mo
+$441/mo
6.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Plano

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8408 Gateway Dr | Property Details | No Agent List